Financial performance and tone of financial disclosures: The moderating effect of CEO narcissism

被引：0
|
作者：
Illescas, Gilberto Marquez [1 ]
Sauer, Stephen J. [2 ]
Zebedee, Allan A. [3 ,4 ]
Zhou, Linying [5 ]
机构：
[1] Univ Rhode Isl, Coll Business, Kingston, RI USA
[2] Cornell Univ, SC Johnson Coll Business, Ithaca, NY USA
[3] Clarkson Univ, Reh Sch Business, Potsdam, NY USA
[4] Hunan Univ, Ctr Econ Finance & Management Studies, Changsha, Hunan, Peoples R China
[5] Calif State Univ San Marcos, Coll Business Adm, San Marcos, CA 92069 USA
来源：
ACCOUNTING AND FINANCE | 2025年 / 65卷 / 01期
关键词：
financial disclosure; financial performance; narcissism; tone; DARK TRIAD; GRANDIOSE NARCISSISM; COMMUNICATIVE ACTION; SELF-PRESENTATION; PERSONALITY; PRESS; EXPECTATIONS; MANAGEMENT; OPTIMISM; IMPACT;
D O I：
10.1111/acfi.13344
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
Using an experimental approach, this study shows that the effect of financial performance on tone is weaker in firms led by a more narcissistic chief executive officer (CEO) because narcissistic CEOs inflate the tone relatively more when reporting worse results. This suggests that factoring CEO narcissism into the assessment of the tone of financial disclosures is especially relevant in situations in which firms report negative financial information. Our findings demonstrate that the impact of CEO narcissism may not only exert a direct influence on firm-level outcomes, such as the tone of financial disclosures, but it could also moderate the influence of other factors.
引用
收藏
页码：691 / 712
页数：22
相关论文
共 50 条
  • [31] FinTech and money laundering: moderating effect of financial regulations and financial literacy
    Usman, Nafisa
    Griffiths, Marie
    Alam, Ashraful
    DIGITAL POLICY REGULATION AND GOVERNANCE, 2024,
  • [32] The Moderating Effect of Generalized Anxiety and Financial Knowledge on Financial Management Behavior
    Grable, John E.
    Archuleta, Kristy L.
    Ford, Megan R.
    Kruger, Michelle
    Gale, Jerry
    Goetz, Joseph
    CONTEMPORARY FAMILY THERAPY, 2020, 42 (01) : 15 - 24
  • [33] THE FACTORS MODERATING THE EFFECT OF FINANCIAL INCENTIVES ON MOTIVATION AND PERFORMANCE: A LITERATURE REVIEW
    Knorova, Katerina
    STRATEGIC MODELING IN MANAGEMENT, ECONOMY AND SOCIETY (IDIMT-2018), 2018, 47 : 409 - 416
  • [34] Environmental Innovation and Financial Performance: The Moderating Effect of Motives and Firm Size
    Andries, Petra
    Stephan, Ute
    PROCEEDINGS OF THE 8TH EUROPEAN CONFERENCE ON INNOVATION AND ENTREPRENEURSHIP (ECIE 2013), VOL 1, 2013, : 17 - 25
  • [35] Audit Committee and Financial Performance in Jordan: The Moderating Effect of Ownership Concentration
    Shatnawi, Saddam Ali
    Marei, Ahmad
    Hanefah, Mustafa Mohd
    Eldaia, Monther
    Alaaraj, Saad
    MONTENEGRIN JOURNAL OF ECONOMICS, 2021, 17 (04) : 45 - 53
  • [36] Investigator financial disclosures and its effect on research subjects
    Gibbs, Jeffrey N.
    Guagnan, Gregory A.
    FOOD AND DRUG LAW JOURNAL, 2007, 62 (04) : 727 - 737
  • [37] Financial literacy and small and medium enterprises performance: the moderating role of financial access
    Abdallah, Wael
    Harraf, Arezou
    Ghura, Hasan
    Abrar, Maryam
    JOURNAL OF FINANCIAL REPORTING AND ACCOUNTING, 2024,
  • [38] Financial performance and voluntary environmental disclosures during the Asian Financial Crisis: the case of Hong Kong
    Kimbro, Marinilka B.
    Melendy, Sara R.
    INTERNATIONAL JOURNAL OF BUSINESS PERFORMANCE MANAGEMENT, 2010, 12 (01) : 72 - 85
  • [39] Measuring Readability in Financial Disclosures
    Loughran, Tim
    Mcdonald, Bill
    JOURNAL OF FINANCE, 2014, 69 (04): : 1643 - 1671
  • [40] Required disclosures in financial reports
    Schipper, Katherine
    ACCOUNTING REVIEW, 2007, 82 (02): : 301 - 326
12345